Tuesday, January 7, 2014

Palos Verdes Luxury Leases


One of our clients is looking for a single family home to rent after selling his current property.   While looking for his criteria, we prepared this summary of the luxury PV lease market.

Homes for Lease for $5,000 or more in Palos Verdes by city:
  • Palos Verdes Estates: 3
  • Rolling Hills: 1
  • Rolling Hills Estates: 1
  • Palos Verdes Peninsula: 1
  • Rancho Palos Verdes: 11
The most expensive rental on the market is an 18,000 sq.ft. estate in the Monte Malaga area of Palos Verdes Estates.  It includes 7 bedrooms, 9 bathrooms, a regulation size tennis court, 2 bowling alleys, pool, 5 car garage and amazing Pacific coastline views.   This showpiece home is available at $30,000 per month.
The average asking price for luxury PV leases is $1.92 per square foot.  Though amenities, view, location and condition will greatly affect the rental rates.

If you are in the market to lease a home in Palos Verdes, please feel free to give us a call or drop us an email.

- Josh & Norma Toering
(310) 525-9440


Palos Verdes Luxury Leases: